NTT UD REIT Investment Corporation [8956.T]
TOKYO, Jun 17 (Pulse News Wire) – NTT UD REIT Investment Corporation (8956.T) decided today to purchase up to 22,000 units of its own investment trust shares, representing up to 1.50% percent of outstanding shares excluding self-held units. The total acquisition value is capped at ¥2 billion.
The purchases will take place through open-market buybacks on the Tokyo Stock Exchange from June 18, 2026 to October 23, 2026. The decision was made to enhance capital efficiency and investor returns by utilizing available funds. The company plans to execute these acquisitions based on share price levels relative to per-unit net asset value (NAV).
The buyback program will conclude upon reaching either the unit cap or the value limit, or once the designated period ends. Additionally, the board resolved to fully redeem all acquired self-investment units within the fiscal year ending October 2026. The exact number of units to be redeemed will be disclosed after the completion of the share repurchase program.
As of June 17, 2026, the company held zero self-investment units out of a total of 1,468,235 outstanding units excluding self-held ones.
🟢 Confidence: High AI-translated content.